Consumer-owned utilities (COUs)–where the ratepayers own the utility rather than corporate shareholders–have been providing reliable electricity to customers across America for decades. Over 2000 COUs serve 49 million customers in the U.S. Maine’s 9 COUs charge their customers significantly less on average for much better service than Maine’s investor-owned utilities CMP and Versant provide.
Benefits of Consumer-Owned Utilities
COUs often outperform investor-owned utilities (IOUs) because of one essential difference: IOUs serve their shareholders while COUs serve their ratepayer/owners.
Click on each of the benefits listed below to learn more details about why COUs are a better choice for customers:
First To 100% Clean Energy
See how Maine can become the first state to reach 100% clean energy and the first rural state to deliver universal and affordable broadband.